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Saks Fifth Avenue Off 5th To Open At Skyview Power Centre In Edmonton, AB

EDMONTON, AB (June 7, 2016) — Saks Fifth Avenue OFF 5TH and Triovest Realty Advisors Inc. (“Triovest”) are pleased to announce plans to open a 30,000 square foot Saks OFF 5TH STORE at Skyview Power Centre (“Skyview”) in Edmonton, Alberta. The Company plans to renovate and convert the existing Home Outfitters store in the centre to the Saks OFF 5TH format within the same location. The new Saks OFF 5TH store is expected to open in the spring of 2017.

“As we grow our Saks OFF 5TH brand in Canada we continue to look for opportunities to open in strong markets in major cities across the country.  We believe Skyview is a great location, and shoppers will be delighted with the Saks OFF 5TH’s thrill-of-the-hunt shopping experience,” commented Jonathan Greller, President, Saks OFF 5TH and Gilt.

“We are thrilled to have this world-class retailer joining Skyview,” said Alan MacKenzie, President of Triovest’s retail group. “Saks Fifth Avenue OFF 5TH is the perfect fit for this busy centre and will draw in more people looking to get the best value in fashion.”

Saks OFF 5TH features a compelling selection of luxury designer fashion, accessories, and footwear for men and women, boasting in-season and on-trend offerings from more than 800 leading designer brands at unrivaled prices. With new arrivals shipped to the store daily, shoppers will discover fresh and exciting merchandise, including one-of-a-kind designer finds, with every visit.

Skyview is a dominant retail power centre in the Northwest quadrant of Edmonton with 4 phases catering to multi-tenant retail uses. The addition of Saks OFF 5TH will enhance the existing national tenants comprised of clothing, furnishings, diverse food services and dining restaurants.

The new Saks OFF 5TH will be situated on 137th Ave NW between 133rd St. NW and 140th St. NW, a major central arterial road running East-West connecting to Edmonton’s ring roads.

ABOUT SAKS FIFTH AVENUE OFF 5TH

As part of the Hudson’s Bay Company brand portfolio, Saks Fifth Avenue OFF 5TH is a world-class destination for true fashion at extraordinary value. The retailer’s 101 stores and e-commerce division, saksoff5th.com, combine the two great joys of shopping: the delight of discovering the best in luxury and the thrill of finding a deal. A sophisticated shopping experience of carefully curated off-the-runway trends, exceptional service, and savings on the biggest names in fashion, Saks Fifth Avenue OFF 5TH leads the market as the premier luxury-value destination.

ABOUT TRIOVEST REALTY ADVISORS

Triovest Realty Advisors Inc. is a privately-held Canadian real estate investment and management company representing institutional and private investor clients.  Triovest combines strategic insight, specialized capabilities and regional expertise in its management of a Canada-wide portfolio of more than 34 million square feet of commercial real estate assets. The company’s portfolio of office, retail, industrial and urban mixed-use properties is valued at approximately $7.5 billion.  They have over $4 billion in active development projects, managed internally and through partnerships with local developers.  All 500 employees located across Canada uphold a strong culture of service excellence and fiduciary responsibility.  For more information about Triovest, visit its website at: triovest.com


CONTACTS:

Tiffany Bourré
Director, External Communications
Hudson’s Bay Company
905-595-7184
tiffany.bourre@hbc.com

Alan Mackenzie
President, Retail
Triovest Realty Advisors Inc.
amackenzie@triovest.com
647.795.9915